ARH australasian resources limited
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china still funding magnetite projects

  1. MAGADAN
    1,490 Posts.
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    14/01/09
    17:15
    Post #: 4691599
    The China Development Bank has announce conditional loan approval of $1.2 billion for the Gindalbie owned Karara project.

    Next month GBG shareholders vote on a $563 million share placement to Ansteel.

    So there is still Chinese money around for magnetite projects and hopefully the RDI float.

    ARH Price at posting: 54.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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